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    Tejasvi Surya to head parliamentary panel on Jan Vishwas Bill, Baijayant Panda to chair select committee on IBC
    Tejasvi Surya to head parliamentary panel on Jan Vishwas Bill, LS speaker reconstitutes committees
    CCI approves acquisition of Jaiprakash Associates Limited by Jindal Power Limited
    Mumbai records highest economic fraud cases among metros in 2023: NCRB
    Financial capital tops in economic fraud cases among metro cities in 2023: NCRB data
    On average, Delhi logged 88 weekly economic offences in 2023, top among UTs: NCRB report
    Securities scam: SEBI court junks ex-stock market operator Ketan Parekh's plea to travel abroad
    SAS Partners with S-VYASA University to Launch Future-ready AI and Data Analytics Programs
    A Decade of Waiting, A Ray of Hope: Earth Titanium Gets a Fresh Lease on Life
    Uttarakhand Wedding Awards 2025: Celebrating the State’s Journey Towards Becoming a Premier Global Wedding Destination
    Sahara firm seeks SC nod for sale of group's assets to Adani properties
    Liquidation of debt-ridden firm last option under Insolvency and Bankruptcy Code: SC
    SC raps ex-promoters of Bhushan Steel for delay tactics as it upholds JSW's resolution plan
    IICA Forms Core Working Group (CWG) on Corporate Affairs and ESG under the Chairmanship of DG, IICA
    SC to hear TMC MP's plea to mandate public disclosure of FPIs on Oct 9
    SC upholds JSW Steel’s resolution plan for debt-ridden Bhushan power and Steel Ltd
    Allahabad HC stays probe against 558 aided madrassas in UP by Economic Offences Wing
    Sacred relics of Buddha at National Museum to be exhibited in Russia
    Delhi govt launches Aadhaar enrolment camps for children in schools
    Vantage Strengthens Client Protection with $50 Million Insurance Coverage
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October 1, 2025
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Parliamentary committee appointments: select panel chairs named for Jan Vishwas and insolvency bills, with some parties declining participation.
Tejasvi Surya was appointed chair of the select committee for the Jan Vishwas (Amendment of Provisions) Bill and Baijayant Panda was appointed chair of the select committee for the Insolvency and Bankruptcy Code Bill. Several department related parliamentary panel chairs were re nominated and standing committee leaderships across multiple portfolios were confirmed. The notice records that multiple parties declined participation in at least one panel and that party disputes and reassignment of members affected committee composition.
October 1, 2025
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Parliamentary panel appointments: select committees on Jan Vishwas and IBC reconstituted with new chairpersons named.
The Lok Sabha reconstituted select and department related parliamentary committees, appointing Tejasvi Surya as chair of the select committee for the Jan Vishwas (Amendment of Provisions) Bill and Baijayant Panda as chair of the select committee for the Insolvency and Bankruptcy Code Bill, while many standing committee chairpersons were re nominated; a committee for multiple Home Ministry measures remains unconstituted.
October 1, 2025
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Competition approval enables acquisition of Jaiprakash Associates under an insolvency resolution process, permitting corporate transfer.
Competition clearance was granted for Jindal Power Limited's acquisition of Jaiprakash Associates Limited as a proposed combination effected pursuant to a corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016, with the Commission's detailed order to follow.
October 1, 2025
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Economic offences: Mumbai led metropolitan cases in 2023 with lower chargesheeting and rising cybercrime pressures.
Incidence and prosecutorial follow-up for economic offences in metropolitan and state jurisdictions in 2023, showing city- and state-level distributions and comparative trends. Mumbai recorded the highest metropolitan economic offence registrations; statewide, Rajasthan and Telangana led, with Maharashtra third. The data specifies the proportion of cases in which police filed chargesheets, indicating differential prosecutorial engagement across jurisdictions and highlighting enforcement burdens relevant to corporate, securities, and insolvency regulation.
September 30, 2025
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Economic offences concentration in metros highlights chargesheet rates and rising cybercrime across states and cities.
The NCRB data shows concentrated incidence of economic offences in specific metropolitan centres and states, with police filing chargesheets in a measured proportion of registered financial fraud cases; the report also separately records metropolitan and state-level differentials in cybercrime incidence.
September 30, 2025
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Economic offence rate highest in the capital, showing concentrated frauds, high pendency and arrest activity.
Delhi recorded the highest incidence of economic offences among Union Territories in 2023, with most cases classified as forgery, cheating and fraud; additional matters involved criminal breach of trust and counterfeiting. Reported losses ranged from small-value cheating to very large-scale frauds. Investigations were marked by substantial carryover pendency, thousands of arrests and a charge-sheeting rate that was roughly half, while pendency remained notably higher than national averages. NCRB statistics use the principal-offence rule and may reflect reporting practices as well as incident levels.
September 30, 2025
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Travel permission denial for accused in securities manipulation case stresses flight risk and need for presence during evidence.
The court denied an accused's request for foreign travel in a pending securities manipulation prosecution after the regulator argued ongoing trials require the accused's presence at the evidence stage, that extensive travel without a detailed itinerary would impede supervisory oversight, and that the applicant constituted a flight risk likely to evade regulatory surveillance and court proceedings.
September 30, 2025
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Academic-industry partnership expands AI and data analytics postgraduate programs, integrating industry software and research opportunities.
A strategic academic-industry collaboration launches three postgraduate programs in AI and data analytics, integrating vendor software into curricula, lab access, capstone projects, globally recognised certifications, internships, workshops, guest lectures, and joint research to develop practical competencies and align graduate outcomes with industry needs.
September 30, 2025
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Corporate insolvency revival enables stalled housing project comeback, driven by buyer association, developer commitment and structured turnaround plan.
Revival of a stalled residential development is proceeding through a corporate insolvency pathway, centred on coordinated stakeholder intervention and a structured turnaround plan. The buyer association drives oversight, the acquiring developer pledges to clear outstanding dues conditioned on insolvency approval and to execute transparent construction, and government facilitation via single-window clearances aims to resolve regulatory bottlenecks and recover public dues.
September 29, 2025
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Wedding tourism growth: awards and a strategic vision advancing sustainable destination branding and industry standards in Uttarakhand.
The Uttarakhand Wedding Awards 2025, organised by Himalayan Buzz Admedia LLP, recognised excellence across wedding, hospitality, and events sectors to promote Uttarakhand as a premier wedding tourism destination. A strategic panel on a long-term vision set objectives for sustainable growth, quality benchmarks, and coordinated stakeholder engagement among government, academia, and industry. The awards named winners across venue, service, and supplier categories to establish market benchmarks, support destination branding, and incentivise private-public collaboration for sustainable tourism development.
September 29, 2025
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Asset sale approval sought to transfer group properties to satisfy investor claims and enable restitution.
SICCL petitions for approval to sell 88 Sahara Group immovable properties to Adani Properties under a September 6, 2025 term sheet to monetise assets and satisfy court-directed financial obligations; it stresses that proceeds from prior realisations are held in the SEBI-Sahara Refund Account, that SEBI has been unable to liquidate the properties despite brokerage efforts, and that the death of the group's chief decision-maker plus market, litigation, and investigative obstacles have frustrated monetisation efforts.
September 26, 2025
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Liquidation as last resort under IBC; courts should not override Committee of Creditors' commercial wisdom.
Ordering liquidation under the Insolvency and Bankruptcy Code is a last resort and courts should ordinarily not interfere with the Committee of Creditors' commercial wisdom as such intervention would undermine the IBC's aims of keeping the corporate debtor viable and realising creditor dues. The CoC retains a vital interest in an approved resolution plan until the plan is implemented, since payments to creditors arise only after implementation, and insolvency regulations permit the CoC to function until either plan approval or a liquidation order is passed.
September 26, 2025
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Corporate insolvency delay tactics condemned as obstructive, with approval of resolution plan and enforcement immunity affirmed.
The judgment finds that former promoters engaged in deliberate delay and minimal participation in the corporate insolvency resolution process, filing serial applications and making frivolous requests that frustrated timely conclusion. The court upheld prior tribunal determinations approving the resolution applicant's proposal and recognized procedural protections included in the resolution framework, noting that costs and adverse observations against the promoters were justified by their obstructive conduct.
September 26, 2025
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Board-level ESG oversight: group to review disclosure norms, align domestic rules with international best practices.
A Core Working Group chaired by the IICA Director General will review disclosure provisions under the Companies Act, assess international best practices, and recommend mechanisms for board-level ESG oversight, convergence with global standards, stakeholder engagement frameworks, and measures for innovation, financing and impact assessment, with the School of Business Environment at IICA serving as Secretariat to provide institutional and technical support.
September 26, 2025
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Public disclosure of beneficial ownership sought to mandate transparency in AIF and FPI holdings after regulator response challenged
The petition requests mandatory public disclosure of ultimate beneficial owners and portfolio holdings of AIFs and FPIs to promote transparency and investor awareness, identifying SEBI as the regulator responsible for imposing such disclosure obligations. The petitioner submitted a representation to SEBI, received a reply she considers inadequate, and seeks to challenge that response; the Supreme Court directed consideration of representations in accordance with law and listed the matter for further hearing.
September 26, 2025
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Resolution plan legality affirmed as objections rejected, sustaining creditor-approved insolvency restructuring under the IBC framework.
The Supreme Court reviewed the legality of JSW Steel's resolution plan for Bhushan Power and Steel Limited under the Insolvency and Bankruptcy Code, assessed challenges by ex-promoters and certain creditors, examined the conduct of the Committee of Creditors, the Resolution Professional, and the NCLT for compliance with IBC processes, and rejected objections as lacking merit, thereby sustaining the creditor-approved restructuring pathway over liquidation claims.
September 23, 2025
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Limitation on human rights inquiries: stay on probe into aided madrassas pending challenge to NHRC jurisdiction.
The court stayed an Economic Offences Wing probe initiated on NHRC directions into aided madrassas and issued notice to the NHRC and complainant, on a petition arguing the NHRC acted without jurisdiction because the complaint omits the date of alleged violations and thus may breach the one year limitation under Section 36(2), and that none of the bases for inquiry in Section 12 A apply; respondents were directed to file replies within four weeks and a further hearing was scheduled.
September 22, 2025
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Cultural exchange of sacred Buddhist relics to be conducted with religious escort, exhibitions, and institutional cooperation.
The National Museum will send sacred Buddhist relics to Kalmykia for temporary exhibition at an international forum; the relics will be transported under formal religious protocol and escorted by senior monks and an official delegation. The programme comprises National Museum and IBC-organised exhibitions and academic lectures, Blessing Sessions by senior monastics, signing of two memoranda of understanding with Russian and academic partners, presentation of religious manuscripts to institutes, and an AI chatbot demonstration to support dissemination of Buddhist teachings.
September 22, 2025
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Aadhaar enrolment in schools expands access to identity and education-related schemes through school-based registration camps.
Launch of Aadhaar enrolment camps in government schools implements a school-based registration mechanism to facilitate biometric identity capture for children at the constituency level, simplifying enrolment by providing on-premises facilities, reducing logistical burdens for parents and staff, and improving uptake of identity documentation among students to enhance access to identity-linked education and social-benefit schemes.
September 22, 2025
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Client insolvency insurance protection expanded, enhancing eligible client coverage under an excess of loss policy and subject to policy terms.
Vantage expanded its client protection by obtaining an Excess of Loss insurance policy underwritten by Lloyd's to provide coverage for eligible clients in the event of the firm's insolvency, subject to the policy's terms, conditions, exclusions and aggregate limits; trading losses are excluded and eligibility depends on those contractual provisions.

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